CBM Named Best Bank for Investor Relations in Russia
13.04.2020
CBM has won the nomination “Best Bank for Investor Relations Russia 2020” of Global Banking and Finance Review Awards, one of the most prestigious annual financial competitions. The main criteria for this award have traditionally been innovativeness, performance, and development strategy.
Developing relationships with shareholders and investors remains a key priority for CBM. The Bank maintains an open and transparent dialogue with its existing and potential shareholders and investors, acknowledging the high degree of responsibility it faces. CBM is committed to ensuring equal access to its public information for all stakeholders.
During 2019, a lot was done to further develop different IR tools: the Bank's team held more than 150 investor meetings with, 3 roadshows, 2 non-deal roadshows, and attended 15 conferences all over the world. Pursuant to its investor base diversification strategy, CBM participated in meetings not only in its traditional locations (UK, Continental Europe, USA), but also in Singapore, China, UAE, Argentina and Chile. Last year also saw CBM bringing its ESG initiatives to a new level.
CBM has been the most active Russian bank by public transactions in international capital market over last years. CBM's shareholder base became more diverse in 2019 thanks to an SPO coupled with a buyback of its Tier 1 and Tier 2 Eurobonds. This transaction enabled the Bank not only to optimise its capital structure, but also to strengthen its regulatory capital, while also meeting investor expectations.
Global Banking and Finance Review is a UK-based finance magazine founded in 2010, and covering global financial trends and news of the global financial community. Its prestigious award is contested by both top financial institutions and smaller companies holding strong positions in their sectors.